7.16 What do millennials around the world want in a job? A Deloitte survey of millennials on work-life challenges found that millennials are looking for stability in an uncertain world, with 65% of millennials preferring a permanent, full-time job rather than working freelance or as a consultant on a flexible or short-term basis. Source: Data extracted from "Freelance flexibility with full-time stability," bit.ly/2pr6h9r. Suppose you select a sample of 100 millennials. a. What is the probability that in the sample fewer than 70% prefer a permanent, full-time job? b. What is the probability that in the sample between 60% and 70% prefer a permanent, full-time job? c. What is the probability that in the sample more than 70% prefer a permanent, full-time job? d. If a sample of 400 is taken, how does this change your answers to (a) through (c)?

7.16 What do millennials around the world want in a job? A Deloitte survey of millennials on work-life challenges found that millennials are looking for stability in an uncertain world, with 65% of millennials preferring a permanent, full-time job rather than working freelance or as a consultant on a flexible or short-term basis. Source: Data extracted from "Freelance flexibility with full-time stability," bit.ly/2pr6h9r. Suppose you select a sample of 100 millennials. a. What is the probability that in the sample fewer than 70% prefer a permanent, full-time job? b. What is the probability that in the sample between 60% and 70% prefer a permanent, full-time job? c. What is the probability that in the sample more than 70% prefer a permanent, full-time job? d. If a sample of 400 is taken, how does this change your answers to (a) through (c)?

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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